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American biotech company Regeneron is one of the companies at the forefront of the fight against coronavirus.
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Regeneron, which is based in Tarrytown, New York, is looking into at least two coronavirus treatments: an antibody cocktail and arthritis drug Kevzara. The Kevzara Phase 2 trial results were less than encouraging, but Regeneron said it is "rapidly advancing" the antibody cocktail for human trials starting in June.
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Much of Regeneron's work has been in partnership with Sanofi, a French drug company. The two companies will continue collaborating even after Regeneron bought back $5 billion of its shares from Sanofi in late May.
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Regeneron was founded in 1988 by neurologist Dr. Leonard S. Schleifer, who is the company CEO. The name "comes from regenerating neurons … with gene in the middle," Schleifer has said.